Michael Mabry

Taylors, SC (USA)
Role(s):

Asset Recovery Company of South Carolina

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Location: Taylors
Industry: Legal
Year Founded: 2008
Number Employees: INVALID
Description: Asset Recovery Company, as a business, enforces judgments set forth by the court. On average, 79% of all judgments that are awarded monetary settlements are not satisfied. When a person is awarded a judgment, they are a judgment holder, and the person ordered to pay the judgment is the judgment debtor. Unsatisfied judgments stem from the judgment holder not having the knowledge or skill to enforce his or her judgment. ARC contacts the judgment holder to discuss the transfer of the judgment. Before the reassignment of said judgment, ARC and the judgment holder join in a legally binding, notarized contract. ARC’s contract is personalized for each judgment holder; stating the amount of the judgment, the amount of ARC’s fees for enforcing the judgment, and all other legal obligations